Top Innovators

Thomson Reuters has announced the world's 100 most innovative organisations. The ranking methodology they used to identify innovative organisations is based on four principle criteria: Patent approval success rate, global reach of patent portfolio, patent influence in literature citations and overall patent volume. The US continues to lead this list and Asia and Europe are placed second and third, respectively. There are no completely UK organisations on the list. China is not yet ranked because of its practices regarding protecting IP and commercialising products globally. Whilst the US dominates in the semiconductor and electronics areas, Asia in the computer hardware sector and Europe in machinery manufacture it is interesting to note the position of France. It leads the world in scientific research and is the European nation with the most companies represented in the list.